Category: Cyprus

In 2024, Cyprus stands at a pivotal point in its approach to cryptocurrency regulation, showcasing a significant transformation in its legislative landscape. This year is marked by the island nation’s concerted efforts to establish a well-defined and comprehensive legal framework for digital currencies, reflecting its commitment to embracing the...

Overview Prior to 2024, Cyprus, as part of the European Union, aligned its cryptocurrency regulations with the EU framework, particularly the Markets in Crypto-Assets (MiCA) and anti-money laundering (AML) standards. These developments were part of a broader global trend to create a unified regulatory framework for digital assets, enhancing...